Posted on 12/08/2013 8:41:41 PM PST by Innovative
The University of Minnesota had to make its healthcare plans worse in order to avoid Obamacare-related penalties.
The Affordable Care Act levels an excise tax on high-value health coverage plans, and UM would have to pay $48 million with its existing plans. Instead, the university is lowering the quality of its coverage.
“The Office of Human Resources announced in a July email that it was making changes to the UPlan, the employee healthcare program, including adding a deductible and increasing copays for primary and specialty care,” according to the Minnesota Daily. “The email said the cost increases were necessary to help the University avoid a $48 million excise tax in 2018.”
(Excerpt) Read more at dailycaller.com ...
Related:
New Affordable Care US health plans will exclude top hospitals
http://www.freerepublic.com/focus/f-news/3099690/posts
My Shadenfreude knows no bounds when the Libtards get smacked with the mackerel of reality .....
The problem is that we all will get caught up in it too...
Love that!
Can I borrow it?
LOL
Serves ‘em darn well right! Should make for interesting conversation in the faculty lounge, where Obie probably got 95% of the vote (and maybe as high as 120% on the Duluth campus!)
He had to destroy the village healthcare in order to save it.
Welcome to Liberalism 101, kids.
Welcome to the realities of the new SOCIOECONOMIC FASCISM...
Greedy Liberals might finally be waking up?
- Obama banned this video - I wonder why?
- a brief history exposing Barack Hussein Obama-Soeter-Obama Junior
- http://www.youtube.com/watch?v=l-HqHSkYG-Y
Socialism is equally shared misery
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